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Nov 7, 2012
11/12
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and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills in as the night goes on. >> not really clear who the fan base is for because you're hearing the same kind of, you know, phrase for both obama and romney. >> puts the president at 243 which is less than 30 points needed to get to 270. things are getting important here. in the meantime, your headlines at this hour. nbc news projecting obama ahead in electoral votes after sweeping up california as we mentioned. wisconsin, new hampshire. the first of the battleground state also fall to obama. however, we're still waiting on the other key swing states, iowa and nevada remain too early to call. north carolina, ohio, virginia, florida, colorado, too close to call. the senate, mostly breaking as expe expected, but the democrats did pick up three new seats. republicans projected to hold the house as well. >> all right. let's get straight to john harwood at the maproom to give us more color on what we're seeing as
and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills in as the night goes on. >> not really clear who the fan base is for because you're hearing the same kind of, you know, phrase for both obama and romney. >> puts the president at 243 which is less than 30 points needed to get to 270. things are getting important here. in the meantime, your headlines at this...
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Nov 28, 2012
11/12
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maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree. bad bad bad in the short run. may be badder in the long run. jeff thank you. that is it for this evening's show. thank you for watching. we'll keep working on it. we'll be back tomorrow night. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they
maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree....
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Nov 16, 2012
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washington has to rise above. the congressionally mandated bear market, we're all feeling the pain and we all deserve better. "mad money" will be right back. >>> coming up, sale or sell? there's no shortage of opinions on jcpenney. investors bet big on the turnaround story, sold by former apple exec ron johnson. thus far, the stock hasn't fit the mold. will the holidays provide a boost, or is it time to try on some new digs in the sell block? >>> later, you're invited. the party is not over. cramer has found more stocks that have reason to celebrate after delivering upside earnings surprises. this biotech name got a dull response to its report in october. but after wall street skipped out on its invite, there may be room for you to profit. plus, paper from plastic? by swipe, type or tap, consumers are putting more payments than ever on credit. looking to cash in on all those cards? cramer is sitting down with the ceo of bank card processor heartland payment systems to see if they can help you rack up rewards. all
washington has to rise above. the congressionally mandated bear market, we're all feeling the pain and we all deserve better. "mad money" will be right back. >>> coming up, sale or sell? there's no shortage of opinions on jcpenney. investors bet big on the turnaround story, sold by former apple exec ron johnson. thus far, the stock hasn't fit the mold. will the holidays provide a boost, or is it time to try on some new digs in the sell block? >>> later, you're...
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Nov 19, 2012
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-ed in "the washington post" that's worth reading. "i and my fellow budget geeks can generate discretionary savings for negotiators in a jiffy. tell me how many hundreds of billions you want cut and in a minute i can give you back a new set of annual discretionary limits for the decade." that's the ple. "if policy makers want to save medicare and social security or want additional revenue they must in relatively short order come up with a specific way to reduce programs or raise that revenue. the lines on the spreadsheet must be filled with painful decisions about premiums and copays, benefit levels and tax rates." david, thank you for coming in this morning. >> my pleasure to be here. >> when you talk about those details we don't talk about those specifics about what the copay rate has got to be, for example. do you have any expectation that as we try to solve the "fiscal cliff" that we're going to be getting those details and do we need them to not go over it? >> first i do have, i am hopeful we'll be getting some details over the n
-ed in "the washington post" that's worth reading. "i and my fellow budget geeks can generate discretionary savings for negotiators in a jiffy. tell me how many hundreds of billions you want cut and in a minute i can give you back a new set of annual discretionary limits for the decade." that's the ple. "if policy makers want to save medicare and social security or want additional revenue they must in relatively short order come up with a specific way to reduce programs...
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Nov 19, 2012
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washington is a ghost town. the president's out of country -- >> those are good things. >> congress is not coming back until next week. no one will go before the cameras and jeopardize the cliff. the only file you have to run is the kum-bi-ya moment after the meeting. they said nothing across the pond will hurt us, let's buy here. >> no sense of urgency right now. does the market feed off that? is that what's going on here? >> i continue to look at the treasury market. you can look at a chart overlaid with the stock market. we were following themmer earlier, especially with the opening you describe, then it started to fall off. treasury market seems unimpress unimpressed. i'm in agreement with art, which is a good thing because art is mostly right, that is, nobody's driving the car from a political standpoint. that's the only time i can say a car without a driver is a safer car to be in. the market is reflecting that. if you want to look at something to give you a good clue, watch the euro relationship with our
washington is a ghost town. the president's out of country -- >> those are good things. >> congress is not coming back until next week. no one will go before the cameras and jeopardize the cliff. the only file you have to run is the kum-bi-ya moment after the meeting. they said nothing across the pond will hurt us, let's buy here. >> no sense of urgency right now. does the market feed off that? is that what's going on here? >> i continue to look at the treasury market....
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Nov 30, 2012
11/12
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that's what i want to spend a moment on while we bemoan the farce that is washington. one of the worst aspects of this era where we have to hang on every word of people who frankly aren't actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, so tonight in the interests of some companies that are doing great things that can make you money, i want to celebrate the products of three terrific companies as well as their stocks, because after all this is "mad money," not mad tablets. first one of my favorites is the column that amazes me, david pope, the "new york times" writer who opines brilliantly in a can't-miss column about tech products. i love this guy. today's product starts well enough, a segment of an npr-call-in segment that he was going to offered opinions, but to quote, all six callers had the same question -- which tablet should i get? it was a terrific jumping-off point. however, for me, this question was the perfect jumping-off point not to figure out what's the best tablet, but to try to p
that's what i want to spend a moment on while we bemoan the farce that is washington. one of the worst aspects of this era where we have to hang on every word of people who frankly aren't actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, so tonight in the interests of some companies that are doing great things that can make you money, i want to celebrate the products of three terrific companies as well as their stocks,...
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Nov 19, 2012
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the fact that washington is on vacation -- not helping. eamon javers is live on capitol hill where congress isn't. eamon. >> that's right. look behind me. see if you see any members of congress. they're not here, they're on recess for thanksgiving week. the president of the united states is in cambodia on an overseas trip of multi-days but there is still some work going on here in washington. let me walk you through thanksgiving week in washington, d.c. starting with the president who over the weekend called some major ceos including jpmorgan's jamie dimon who pick their brains about where they think we should go in terms of this fiscal cliff. he also called warren buffett and tim cook of apple. hill staffers are here today, casual monday on capitol hill, they're putting numbers on paper. democratic senate aides say they are working on language that would allow the top bush tax cuts rates to expire. they're going to hold the line on that provision. then the outside groups are mobilizing. just got an e-mail today from a group of unions incl
the fact that washington is on vacation -- not helping. eamon javers is live on capitol hill where congress isn't. eamon. >> that's right. look behind me. see if you see any members of congress. they're not here, they're on recess for thanksgiving week. the president of the united states is in cambodia on an overseas trip of multi-days but there is still some work going on here in washington. let me walk you through thanksgiving week in washington, d.c. starting with the president who...
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Nov 17, 2012
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to it. >> caller: jay from beautiful bainbridge island, washington. >> i wish i was there. >> caller: it's rainy. >> john in florida. >> boo-yah, jimmy from the beach in miami. >> everyone is in a better place than i am. >> caller: boo-yah from miami. >> i wish i were there so bad. can't you transport me there right now? >> this week in the fiscal cliff. >> it's because of the fiscal cliff. >> going off the fiscal cliff. >> fiscal cliff. >> looming cliff. looming cliff, one of my favorites. >> you've been watching this week in the fiscal cliff. >> it's a surprise. that's why we are throwing our surprise party tonight. have i overdone this yet? fiscal cliff. we're having a birthday cake, surprise cake. it's one of those that has ice cream. cvs barely budged the day it reported. almost like someone took a knife and stuck it into the outside surprise party. talk about a party pooper. what are these titanium balloons? inappropriate balloon moment there. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with
to it. >> caller: jay from beautiful bainbridge island, washington. >> i wish i was there. >> caller: it's rainy. >> john in florida. >> boo-yah, jimmy from the beach in miami. >> everyone is in a better place than i am. >> caller: boo-yah from miami. >> i wish i were there so bad. can't you transport me there right now? >> this week in the fiscal cliff. >> it's because of the fiscal cliff. >> going off the fiscal cliff. >>...
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Nov 7, 2012
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though that's an incredibly cynical interpretation of what's happening, the twist of world that is washington inspired a ton of hatred for just about everyone, particularly the wealthy. i think they would have softened the client up for what i regard as being a prudent reallocation of capital. not a fleaing of the market, please. no, not a fleaing of the market. but a recommendation of some trims and tucks and recastings to stay diversified and protect gains. remember, a good broker has several responsibleties. he's got to worry about preserving your capital and he's got to give you some capital appreciation. given that you only need to get rich once, a line i use endlessly at goldman sachs, i would be putting on my capital preservation halt. which, unlike my brokerage cap, resembles more of a hard hat. no soft chapeau here. my recommended course of action? here's what i would say. first we need to take some profits in the biggest winners. stocks like retailers. they benefitted from the payroll tax cuts and those are going to go away. there will be less purchasing power. second, i would say s
though that's an incredibly cynical interpretation of what's happening, the twist of world that is washington inspired a ton of hatred for just about everyone, particularly the wealthy. i think they would have softened the client up for what i regard as being a prudent reallocation of capital. not a fleaing of the market, please. no, not a fleaing of the market. but a recommendation of some trims and tucks and recastings to stay diversified and protect gains. remember, a good broker has several...
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Nov 14, 2012
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also the subject of that press conference. >>> certainly it is a big day in washington. we just wrapped up that news conference. but the president is not done. he'll meet with 12 ceos in the white house right now, mostly consumer focused industries. they will work together to figure out how business could help perhaps rise above the partisan rhetoric to fix this fiscal cliff. we've got our all-star team ready to tackle all of it. john harwood, my take-away from the news conference was this -- aside from everything else, you heard the president sticking to his guns about raising tax rates on those making more than $250,000, something john boehner said he is unlikely to support. that seems to be the entire crux of the fiscal cliff stalemate. >> well, it's only part of it, brian, because you've also got the issue of entitlements. you notice the president got a question at the tail end of that news conference on the spending side which he didn't address because he hadn't called on our colleague who asked the question. on taxes, what you heard from the president was a practic
also the subject of that press conference. >>> certainly it is a big day in washington. we just wrapped up that news conference. but the president is not done. he'll meet with 12 ceos in the white house right now, mostly consumer focused industries. they will work together to figure out how business could help perhaps rise above the partisan rhetoric to fix this fiscal cliff. we've got our all-star team ready to tackle all of it. john harwood, my take-away from the news conference was...
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Nov 28, 2012
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market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress asset management, is congress going to come through for your assets? >> well, i wish i had an inside scoop on that, but unfortunately, we're also left to speculate at this point. but i will say this. what's incredible about this market is the way the market moved up today, it's an instant polling network that the government can use, actually, to kind of float trial balloons to us and get a sense of what we think of their proposed actions. >> peter, that is so charming. you assume this government cares what you think. >> well, i like to think that. i do think th
market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress...
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Nov 8, 2012
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in washington and colorado, they're both essentially the same. in colorado you got to be older than 21. you can possess an ounce of marijuana. that includes out of state residents. you can't take it with you though. local governments can still ban commercial sales in businesses can still say employees cannot smoke. they can still make those rules at the microlevel. the major difference between the two states is in colorado people can also grow limited amounts on their own. you doont thcan't do that in wa. you're not supposed to smoke it in public. we'll see about enforcement on that. can you imagine getting busted for smoking pot in public when it is legal to smoke pot? enforcement is the biggest wrinkle -- marijuana use remains against federal law. we have no idea how the feds are going to react to this. i have to share this with you because it is hysterical. this is a statement that came from the governor of colorado. "this will be a complicated process but we intend to follow through. that said, federal law still says marijuana is an illegal d
in washington and colorado, they're both essentially the same. in colorado you got to be older than 21. you can possess an ounce of marijuana. that includes out of state residents. you can't take it with you though. local governments can still ban commercial sales in businesses can still say employees cannot smoke. they can still make those rules at the microlevel. the major difference between the two states is in colorado people can also grow limited amounts on their own. you doont thcan't do...
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Nov 14, 2012
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and from a ceo on the message that he would send to washington. and from a five-star fund manager on how you should play it all. brian sullivan's my partner, joining me from the white house at the top of the hour. until then, let's go back to scott and the guys and "half half". >> thanks so much. we look forward to that at the top of the hour. >>> chief international correspondent michelle caruso-cabrera with brand new video in from the gaza strip. we've seen the reaction in the oil market related to this today. >> we saw a spike in oil on what happened. take a look at your screen right now and take a look at this incredible piece of video that's just come in from israeli defense forces. watch that car. inside that car is a military leader of hamas. ahmad al jabari, killed by israeli defense forces in what is a brand new operation by the idf being launched against the gaza strip at this point. he is believed -- they wanted to get him for a long time. he's believed to be the mastermind behind kidnapping of israeli shoulder back in 2005 held hostage
and from a ceo on the message that he would send to washington. and from a five-star fund manager on how you should play it all. brian sullivan's my partner, joining me from the white house at the top of the hour. until then, let's go back to scott and the guys and "half half". >> thanks so much. we look forward to that at the top of the hour. >>> chief international correspondent michelle caruso-cabrera with brand new video in from the gaza strip. we've seen the...
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Nov 13, 2012
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if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path to prosperity ask i believe that it will prevail. just ask those oil drillers in north dakota. they have it right. "the kudlow report" is coming right back. >> going off the skifiscal christmas eve would be a disaster. >> time to rise above partisan politics. the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need i
if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path...
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Nov 15, 2012
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>> let's get back to the topic dominating the conversation from wall street to washington right now. of course it is the looming fiscal cliff. we have made it a bit of a drinking game for those playing at home. i sat down with one of the democratic congressman barney frank and we talked about it. >> sequestration is a terrible idea and that can be very disruptive and if we go into sequestration, yeah, i think that's awful. if the taxes went up on everybody for a month or two, it would be a temporary bump, it would mean slowing down expansion which i think is coming, but you could undo it. >> so the most interesting thing barney frank said yesterday was he believes that it is a bungee cord, if you will, meaning he expects and almost is pushing for everybody to go over the cliff at least for a couple weeks and believes that the 39.6 number is still on the table and that the can democrats and the obama administration still have the mandate. >> you're talking higher marginal rate ps p. >> yes. he doesn't believe there are not enough deductions. so many of the ceos that came out of that m
>> let's get back to the topic dominating the conversation from wall street to washington right now. of course it is the looming fiscal cliff. we have made it a bit of a drinking game for those playing at home. i sat down with one of the democratic congressman barney frank and we talked about it. >> sequestration is a terrible idea and that can be very disruptive and if we go into sequestration, yeah, i think that's awful. if the taxes went up on everybody for a month or two, it...
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Nov 15, 2012
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>>> washington, the markets are sending you a message. and they won't stop selling until you listen. >> the fiscal cliff is the most pressing. i'm not totally convinced they'll be able to figure it out because this is, as i say, feels like there's one last celebrity death match that's lingering in there. >> and it's not just fiscal cliffs to worry about. >> we've learned that israeli ground forces are on the move toward gaza. comes after markets were fired from been the palestinian controlled region. >> can the regular trader even keep up? >> you know, we've spent 13 years developing a good computer system and developing intellectual property around those trading systems. so the notion that a guy can kind of trade and just kind of do it as hobby and compete, i'm not going to say it's impossible, but yeah, that might be a little bit hard. >> that's what we're here for. "fast money" begins right now. >>> live from the nasdaq market site in new york city's times scare, i'm melissa lee. mastering mobile. it's tripped up many chip makers. we h
>>> washington, the markets are sending you a message. and they won't stop selling until you listen. >> the fiscal cliff is the most pressing. i'm not totally convinced they'll be able to figure it out because this is, as i say, feels like there's one last celebrity death match that's lingering in there. >> and it's not just fiscal cliffs to worry about. >> we've learned that israeli ground forces are on the move toward gaza. comes after markets were fired from been...
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Nov 15, 2012
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question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement reform. meantime, i think stocks are warping these guys you're going to put us on the precipice of a recession, and that's bad for earnings and stocks. >> the fed has done the same thing. they've come out in recent weeks and said instead of just buying $45 billion of bonds every month, we may have to double that and extend it out further. >> richard fisher of the dallas fed told me last night they don't do that. actually, that's not fair. he said in his opinion they shouldn't do that. we don't know, you might right. mike of "forbes," thank you very much. >>> this is truly the video of the day. the israelis get their man. th
question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement...
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Nov 9, 2012
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. >>> john harwood has some context and background on what we've been getting out of washington. we've been getting lots of headlines on the fiscal cliff. bring it all together for us, john. >> mandy, jay carney, the white house press secretary, has just been briefing reporters and indicated that the white house would veto any bill extending the rates for the top end or tax cuts for the top end earners. this is a reiteration of the position the president's held for some time. remember, after extending those rates at the end of 2010, he indicated he was not going to go beyond 2012. i think this is not a sign that he's not willing to negotiate with republicans because the key point of what the president said this afternoon was he needs more tax revenue from the top end earners, not necessarily tax rates. so this is the case of the president not surrendering his position but also remaining open to the new ideas he said he was going to listen to when he meets with john boehner, mitch mcconnell and democratic leaders in congress next week here at the white house. >> john, thank you ve
. >>> john harwood has some context and background on what we've been getting out of washington. we've been getting lots of headlines on the fiscal cliff. bring it all together for us, john. >> mandy, jay carney, the white house press secretary, has just been briefing reporters and indicated that the white house would veto any bill extending the rates for the top end or tax cuts for the top end earners. this is a reiteration of the position the president's held for some time....
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Nov 8, 2012
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president, you just won a mandate in the lerks you've got the majority in the washington government. you've got to sit down with senator reid. let's start passing things out of the senate. and the house will have an obligation to respond. >> the first thing. what would you say to him? what's the first number one sning. >> we're in a lame duck session. let's get the debt ceiling taken care of. let's get probably all the taxes extended through 2013. let's not fool around with them. just extend them all. and let's get this sequestration and no doubt there's going to be aid for hurricane sandy and some of that that will all get wrapped into that budget deal. do the russian pntr. and then go home. >> he says he wants corporate tax reform. in fact, he says he wants overall tax reform. it was in his speech last night. >> i'm glad that he does. he's actually talked about it. i think the rate's a little high. i think the proposal can be a bit more aggressive. we are way behind competitively on an international basis. that needs to be done. but we understand now we're at the point with all the
president, you just won a mandate in the lerks you've got the majority in the washington government. you've got to sit down with senator reid. let's start passing things out of the senate. and the house will have an obligation to respond. >> the first thing. what would you say to him? what's the first number one sning. >> we're in a lame duck session. let's get the debt ceiling taken care of. let's get probably all the taxes extended through 2013. let's not fool around with them....
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Nov 12, 2012
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>> people have the impression that washington, d.c. is dysfunctional and cannot resolve the great challenges that america has. and dysfunctional washington and cloud of uncertainty is hurting the whole economy. so the country wants to see particularly after this election that washington, d.c. can come together and solve problems. >> why have you not pulled back already? recognizing what you're saying, which is the uncertainty element even if it gets solved let's say by january 1st, it sounds to me like the uncertainty along the way will put you in a bunch of trouble. >> i believe the odds are much greater that it will get resolved and it is going to get -- >> when are you betting for to be resolved by? >> i think the process of resolving it is going to be completely different than the summer of 2011. i think there was a lot of lessons learned there by both sides. we're past the election. everyone knows the only time you can govern reasonably in this country is after a presidential election. and if you look at the signals from the vario
>> people have the impression that washington, d.c. is dysfunctional and cannot resolve the great challenges that america has. and dysfunctional washington and cloud of uncertainty is hurting the whole economy. so the country wants to see particularly after this election that washington, d.c. can come together and solve problems. >> why have you not pulled back already? recognizing what you're saying, which is the uncertainty element even if it gets solved let's say by january 1st,...
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Nov 23, 2012
11/12
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corporate leaders calling on compromise in washington. we have the ceo of motorola. "squawk" on monday at 6:00 eastern in the morning. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> >>> day after thanksgiving. not a line but definitely people out and about on this friday morning. coming up, we are going to give dana the last word on the consumer and then on monday on "squawk" don't miss it. motorola solution ceo greg brown warning congress that doing nothing on the fiscal cliff will be undermining the economy. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you kno
corporate leaders calling on compromise in washington. we have the ceo of motorola. "squawk" on monday at 6:00 eastern in the morning. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> >>> day...
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Nov 9, 2012
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meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting now about whether ceo ron johnson can right this ship. >> disney shares under pressure. casually optimistic about theme park business. >> groupon, one analyst slashing his down to one. >>> the worries the president and washington lawmakers will not agree on a deal to avoid the fiscal cliff. the cbo warns if an agreement is not struck by the end. year, the u.s. economy would head back into recession, contract by half a percent in 2013. president is scheduled to make remarks on the cliff at 1 p.m. time. speaker boehner will address us. can the president say anything to make this whole week look like a dream? >> that's a tough one. what our lalt friend mark haines used to talk about, we need a capitulation, we need the answer, no, are you kidding? there was a congressman on "squawk" this morning
meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting now about whether ceo ron johnson can right this ship. >> disney shares under pressure. casually optimistic about theme park business. >> groupon, one analyst slashing his down to one. >>> the worries...
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Nov 19, 2012
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i think that didn't get lost on washington. they remember the talk and remember when they saw 700 points melt from the dow because of something that happened in washington. i think that they said, look, we will go before the cameras and -- we may be general but we will be there. if you actually go back and look at what they said, they each gave different closing dates f
i think that didn't get lost on washington. they remember the talk and remember when they saw 700 points melt from the dow because of something that happened in washington. i think that they said, look, we will go before the cameras and -- we may be general but we will be there. if you actually go back and look at what they said, they each gave different closing dates f
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stocks have been falling pretty rapidly as investor anxiety rises about what's going on in washington. joe mentioned the major averages. traditionally that's a sign that more selling could be ahead and sure enough, take a look at the futures this morning. not looking to rebound today. they are below fair value once again. among our newsmakers ready to talk, we have ralph schlosstein and also cloutiee says uncertainty is keeping businesses from asking him for loans. and at #:00, we'll turn to two former governor, judd gregg and ed rendell both understand the dire consequences of doing nothing to overt the fiscal cliff and what would happen if we went over that fiscal cliff. first before we get to all of that, andrew has this morning's top stories. >>> good morning. we have a big day ahead of us. and the fiscal cliff conversation begins today. president obama will be making a statement on the economy. he'll speak from the east room of the white house at 1:05 eastern time. you can of course catch all of it right here on cnbc. john boehner is also scheduled to hold a you news conference t
stocks have been falling pretty rapidly as investor anxiety rises about what's going on in washington. joe mentioned the major averages. traditionally that's a sign that more selling could be ahead and sure enough, take a look at the futures this morning. not looking to rebound today. they are below fair value once again. among our newsmakers ready to talk, we have ralph schlosstein and also cloutiee says uncertainty is keeping businesses from asking him for loans. and at #:00, we'll turn to...
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Nov 19, 2012
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>> at the washington poison center in seattle. >> just drowse? i okay. >> and lately, more and more of them sound something like this. >> and today, i took about 90 milligrams of percoset. >> oh you did? >> 6:00, i wasn't really thinking and i did a bar of xanax and i'm reading all this stuff online how that is a very lethal combination. i have a lot of friends who died in their sleep and i just wasn't really thinking. now i'm wondering if i should stay up tonight. >> that kind of call to me is really scary. >> oh, it is scary. >> what goes through your mind? >> so, i would be very frightened about that young man not making through the night. >> dr. bill hurley is the medical director of the poison center. he is also a trauma doctor. >> possibly too many of his meds. they are not sure what-all they've got. >> we are here in seattle, in part, because the problem is bad. >> this bottle still has quite a bit in it. >> but also because, as you will see, there are real solutions. >> no other meds? >> for hurley you it started five years ago. >> he's g
>> at the washington poison center in seattle. >> just drowse? i okay. >> and lately, more and more of them sound something like this. >> and today, i took about 90 milligrams of percoset. >> oh you did? >> 6:00, i wasn't really thinking and i did a bar of xanax and i'm reading all this stuff online how that is a very lethal combination. i have a lot of friends who died in their sleep and i just wasn't really thinking. now i'm wondering if i should stay up...
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Nov 19, 2012
11/12
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anderson walked me around a hospital in tacoma, washington. one of the first things you will notice here and every er in the state a reminder for patients of restrictions on how much pain medication they can be prescribed. >> not only are we all playing by the same rules, we are also now all communicating with one another. >> this is being done through a statewide database it provides a patient's history of visits to the emergency departments in the last five years as well as other vital information. >> in some cases, it might even show care guidelines, like this particular physician has said no narcotics should be issued through the emergency department because they are on a pain management contract. >> if something like this didn't exist, the scenario is somebody could come to one emergency room, possibly get a prescription for payne medication and maybe even the same day, go to another emergency room and get a prescription for pain medication that could happen? >> that's happened for years. >> so pharmacies here also share data. >> we now h
anderson walked me around a hospital in tacoma, washington. one of the first things you will notice here and every er in the state a reminder for patients of restrictions on how much pain medication they can be prescribed. >> not only are we all playing by the same rules, we are also now all communicating with one another. >> this is being done through a statewide database it provides a patient's history of visits to the emergency departments in the last five years as well as other...
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that's when he started talking about ending politics as we know it in washington et cetera. it's coming back to where it all began. he's landed air force one here. the first lady's plane has also landed at the airport. the president is greeting her at the airport, they'll arrive here live together. there will be a performance from bruce springsteen and a speech from the old campaign gang rejoining the team for a final good-bye, anderson. >> what's he doing tomorrow? we know mitt romney is having campaign events tomorrow. is the president not doing that? why? >> you know, traditionally, first of all, he has not campaigned on election day, it's not his ritual. and he's not going to break ritual, what he'll do tomorrow is play basketball. they have this history -- there was one campaign, one election day they did not play basketball, that was that primary against hillary clinton in new hampshire that he lost. and so they always say, they now play basketball every single election day, and that's their rule. >> is that for real? are they really that superstitious? >> oh, yeah. al
that's when he started talking about ending politics as we know it in washington et cetera. it's coming back to where it all began. he's landed air force one here. the first lady's plane has also landed at the airport. the president is greeting her at the airport, they'll arrive here live together. there will be a performance from bruce springsteen and a speech from the old campaign gang rejoining the team for a final good-bye, anderson. >> what's he doing tomorrow? we know mitt romney is...
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athena jones, cnn, washington. >>> and cnn newsroom continues with fred. >> have a great day. >> i'm going to go home and turn back my clock before i forget. >> that's right. we'll see you an hour earlier tomorrow. thanks so much. appreciate that. the countdown is on indeed. election day is just three days away now. the presidential candidates are making a huge final push in the battleground states. today president obama campaigns in ohio, wisconsin, iowa and virginia. mitt romney stumping in new hampshire, iowa, and colorado. they're running mates are also going nonstop. vice president is in colorado and paul ryan is holding rallies in pennsylvania, virginia, florida, and ohio. so ohio indeed could be the biggest battleground of the election. the race there is very tight. a just released cnn/orc poll shows obama ahead by just three points, well within the margin of error. an nbc/"wall street journal" poll shows a wider gap with obama leading by six points. president obama is about to speak at a rally in mentor, ohio. he is at least in the building, we understand. and so is our white
athena jones, cnn, washington. >>> and cnn newsroom continues with fred. >> have a great day. >> i'm going to go home and turn back my clock before i forget. >> that's right. we'll see you an hour earlier tomorrow. thanks so much. appreciate that. the countdown is on indeed. election day is just three days away now. the presidential candidates are making a huge final push in the battleground states. today president obama campaigns in ohio, wisconsin, iowa and...
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are you feeling that in washington right now? >> well, you know, we've been continuing to offer compromises. about 30 minutes ago, i was on the floor, and i offered to vote for the rebuild. while many in the media -- >> hang on. again -- >> you're in the middle of my answers here. >> i'm asking you to answer the question. i don't want talking points. with all due respect. do you feel the public sentiment in washington? >> this isn't a talking point, i'm trying to tell you what we did 30 minutes ago on the floor. >> i'm not asking you what you did. with all due respect, i'm asking you if you feel how the public feels in washington. you don't have to tell me what you did. but are you feeling? do you understand how people feel about this? >> we're just getting started. the best of no talking points next. >>> before the break we showed you how no talking points got started. on this final weekend before the election. let's take a little trip down memory lane. here's some of our best memorable no talking points moments. it's time now f
are you feeling that in washington right now? >> well, you know, we've been continuing to offer compromises. about 30 minutes ago, i was on the floor, and i offered to vote for the rebuild. while many in the media -- >> hang on. again -- >> you're in the middle of my answers here. >> i'm asking you to answer the question. i don't want talking points. with all due respect. do you feel the public sentiment in washington? >> this isn't a talking point, i'm trying to...
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you and i were talking earlier, this is about party power controlling washington. if barack obama gets re-elected, you're still going to have the republicans -- >> i would argue, whoever wins has to do something dramatic to make an overture to the other side if you're going to succeed, because there is no mandate. >> if most of the tossup states break the president's way, he can get to 300. i'm not saying that's likely, but if all of the tossup states are all but one or two break his way, he can get to 320 or so. i think if governor romney wins he's going to be in the 280 range, that's just win. that's hard to claim a mandate. >> up next john king will head back to the wall, mapping out the mad cap itineraries these two candidates have been on in the last few weeks. bruce springsteen on the stage now in des moines, iowa, president obama expected shortly. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades
you and i were talking earlier, this is about party power controlling washington. if barack obama gets re-elected, you're still going to have the republicans -- >> i would argue, whoever wins has to do something dramatic to make an overture to the other side if you're going to succeed, because there is no mandate. >> if most of the tossup states break the president's way, he can get to 300. i'm not saying that's likely, but if all of the tossup states are all but one or two break...
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political correspondent paul steinhauser joins us from his home base in washington. yesterday you were in pennsylvania covering a paul ryan rally. what do you think is the message for the challengers? >> we're hearing change. change and change. remember four years ago president obama ran on the mantle of hope and change. romney finished up at a rally out in colorado. another one of those eight battleground states we keep talking about. and what mitt romney is saying do you want another four years of under president obama or do you want something a little different? here's part of what he said. >> change can't be measured in speeches. it is measured in achievements. and four years ago, four years ago candidate obama promise dodd so very much, but he's fallen so very short. you recall. he promised he'd be a post-partisan president but he's been most partisan. dividing, attacking, blaming. >> you know, at this late hour here it's all about the ground game. it's about the candidates making sure their supporters actually vote. randi, we heard from both campaigns. the obam
political correspondent paul steinhauser joins us from his home base in washington. yesterday you were in pennsylvania covering a paul ryan rally. what do you think is the message for the challengers? >> we're hearing change. change and change. remember four years ago president obama ran on the mantle of hope and change. romney finished up at a rally out in colorado. another one of those eight battleground states we keep talking about. and what mitt romney is saying do you want another...
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and is now going back to the message of change from 2008, saying not talking about changing washington, but bringing americans' voices into washington and talking about himself as a unifier, clearly a mantle he is picking up in the wake of his leadership role in the role he's taken after superstorm sandy. >> it's amazing. the twist and turns this race has taken, i guess every presidential race does in the final days. a new polling out from colorado, still a very tight race there. what does it mean for next tuesday? what do the number show? >> the numbers in colorado show 50-48 for the president. that's a statistical tie. this is a state that is going down right to the very end. you can tell that when you're here. the early voting. this is one of the places republicans have even a slight advantage. that's not the case in any of the other voting states. if you look at colorado, nevada, then to the midwest. you would have to say in the public polling, the president has a slight advantage. they're all close enough for this to play out on election day. but you mentioned it, and they talked
and is now going back to the message of change from 2008, saying not talking about changing washington, but bringing americans' voices into washington and talking about himself as a unifier, clearly a mantle he is picking up in the wake of his leadership role in the role he's taken after superstorm sandy. >> it's amazing. the twist and turns this race has taken, i guess every presidential race does in the final days. a new polling out from colorado, still a very tight race there. what...
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those are the attitudes in washington we need to change. and that raises something about the choice you have to make, iowa. you know, a lot of choosing a president is about trust. you know, iowa, i started my presidential journey right here in this state. after two years of campaigning and after four years as president, you know me by now. you may not agree with every decision i've made. you may have sometimes been frustrated with the pace of change. but you know that i say what i mean. and i mean what i say. you know what i believe. you know where i stand. when i said i ended the war in iraq, i ended the war in iraq. >> so the president of the united states, he's getting into it. he's going to do several more before tuesday. we'll continue to monitor what he's saying in the battleground state for iowa. here's a question, republicans may have a tough time winning the majority in the senate. why? >> we've doubled clean energy production in this country. rachel quit the corporate grind to start her own interior design business. she's got a gr
those are the attitudes in washington we need to change. and that raises something about the choice you have to make, iowa. you know, a lot of choosing a president is about trust. you know, iowa, i started my presidential journey right here in this state. after two years of campaigning and after four years as president, you know me by now. you may not agree with every decision i've made. you may have sometimes been frustrated with the pace of change. but you know that i say what i mean. and i...
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reporter: that's exactly what's happening. 167 have legalized for medicinesnal use and colorado and washington state are the first to approve to selling the drug like alcohol. it puts them on a collision course with the federal government which says it's a crime. >> it can't go on the way it is. it can't be a big industry and a federal crime at the same time. >> reporter: he says as more and more states legalize marijuana for medical purposes, the federal government looked the other way. >> every store that sells marijuana here is violating federal law. the federal government could seize assets and send people to joil. they have chosen so far not to do that. >> reporter: colorado has experience regulating marijuana. there are more than 500 licensed medical marijuana. all of this happening right in the heart of the city of denver. the colorado amendment would allow anyone over 21 30e ses up to an ounce of pot. it would allow licensed protection and weed sales would be taxed up to 15%. the profits then slighted to help pay for the construction of public schools. federal prosecutors and law enfor
reporter: that's exactly what's happening. 167 have legalized for medicinesnal use and colorado and washington state are the first to approve to selling the drug like alcohol. it puts them on a collision course with the federal government which says it's a crime. >> it can't go on the way it is. it can't be a big industry and a federal crime at the same time. >> reporter: he says as more and more states legalize marijuana for medical purposes, the federal government looked the other...
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and they fought us every step of the way in washington. they spent millions to try to stop us from reforming health care. spent millions to try to stop us from reforming wall street. and when we got all those things through, they engineered a strategy of gridlock in congress, refusing to compromise even on ideas that both democrats and republicans used to support. like obama care which started out in massachusetts under governor romney. it worked fine when a republican was sponsoring it, suddenly it was terrible when a democrat put it forward. and the reason they've done this, it's a strategy, it's a calculation. they're counting on you'll be so worn down by all the squabbling, tired of all the dysfunction, you'll just be fed up and you'll ultimately give up on the idea of changing, you'll walk away, leave them in power, you'll decide things can't change. in other words they're bet is on cynicism, but ohio, my bet's on you. >> you're listening to president obama speaking in cincinnati ohio. both candidates, the closing arguments they were
and they fought us every step of the way in washington. they spent millions to try to stop us from reforming health care. spent millions to try to stop us from reforming wall street. and when we got all those things through, they engineered a strategy of gridlock in congress, refusing to compromise even on ideas that both democrats and republicans used to support. like obama care which started out in massachusetts under governor romney. it worked fine when a republican was sponsoring it,...
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there's some things we don't want washington to do. the politicians in washington most of whom are male to control health care decisions that women can make for themselves. now, for eight years, we had a president who shares these beliefs, his name was bill clinton. and you know, his economic plan, when he first came into office, he asked the wealthiest americans to pay a little bit more so we could reduce our deficit and still invest in the skills and ideas of our people. and you know what? at the time, the republicans in congress and a senate candidate by the name of mitt romney, i don't want you to boo, i want you to vote. i want you to vote. but a republican candidate by the name of mitt romney said, bill clinton's plans would hurt the economy and kill jobs. turns out his math was just as bad then as it is now. because by the end of president clinton's second term, america created 23 million new jobs and incomes were up and poverty was down and our deficit had turned into a surplus. so florida, we know that our ideas work. we also
there's some things we don't want washington to do. the politicians in washington most of whom are male to control health care decisions that women can make for themselves. now, for eight years, we had a president who shares these beliefs, his name was bill clinton. and you know, his economic plan, when he first came into office, he asked the wealthiest americans to pay a little bit more so we could reduce our deficit and still invest in the skills and ideas of our people. and you know what? at...
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if you just looked at the picture, you would say it's status quo in washington. the president got re-elected. the republicans maintain the majority in the house, democrats in the senate. however, it's not really as much status quo as the picture would portray because this is a president who believes, and i think rightly so, that he's come back with some more leverage here, that he doesn't have to start negotiating with himself, that he can put something out on the table that he actually believes in and that it's the republicans who are going to have to give because they were the ones by and large who lost and they lost the presidency. so he, you know, i see a president that feels much stronger about going into this. >> we're getting some intriguing sound bites from republicans indicating they understand the president has some more leverage now. >> they're willing to go one step and there's another step he wants to go. i couldn't agree. the election and the facts on the ground are very different than it was with the debt ceiling in 2011. two big things, he won re-
if you just looked at the picture, you would say it's status quo in washington. the president got re-elected. the republicans maintain the majority in the house, democrats in the senate. however, it's not really as much status quo as the picture would portray because this is a president who believes, and i think rightly so, that he's come back with some more leverage here, that he doesn't have to start negotiating with himself, that he can put something out on the table that he actually...
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by the way, the president he was right the other day when he said he can't change washington from the inside, only from the outside. we're going to give him that chance soon. [ crowd chanting ] now when i'm elected, i'm going to work with republicans and democrats in congress, meet regularly with their leaders. i'm going to endeavor to find the good men and good women on both sides of the aisle that care more about the country than they do about politics. if the president were to be re-elected, of course, he will continue his war on coal, oil and natural gas. when i'm elected, we're going to change course to build jobs, help with prices at the pump and achieve oil independence in eight years. if the president were to be re-elected, he would continue to crush small business with his plan to raise taxes, to expand regulations, to impose obamacare. i care about small business. i see it as a means for people to fulfill their dreams. last week i met rhoda elliott, virginia, richmond, she had been running her family restaurant for years, a business that's been in her family, bill's barbecue
by the way, the president he was right the other day when he said he can't change washington from the inside, only from the outside. we're going to give him that chance soon. [ crowd chanting ] now when i'm elected, i'm going to work with republicans and democrats in congress, meet regularly with their leaders. i'm going to endeavor to find the good men and good women on both sides of the aisle that care more about the country than they do about politics. if the president were to be re-elected,...
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i'm candy crowley in washington. fareed zakaria gps is next for our viewers here in the united states.
i'm candy crowley in washington. fareed zakaria gps is next for our viewers here in the united states.
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, so that he could have more partisanship in washington, d.c. now if you want it, you can have it. the people of indiana don't want it, congressman joe donnelly his opponent was ahead by 11 points in the most recent polls, you're going to change that. but it will all be for naught if you reward him by not electing president obama. if you want cooperation over conflict, if you want people to walk through the same door and sit down at the same table and behave like grown-ups, you have to re-elect president obama. [ cheers and applause ] >> former president bill clinton stumping for president barack obama. election day just two days away and so could former president clinton make a real difference in the outcome of the election? and how about the economy? we'll talk about what could be a deciding factor come election day. maybe somewhere around my house. mine's just, right over that way. well you can find out exactly where it is using bing elections. it's a good day for politics. which way do you lean politically? conservative. republican. well, us
, so that he could have more partisanship in washington, d.c. now if you want it, you can have it. the people of indiana don't want it, congressman joe donnelly his opponent was ahead by 11 points in the most recent polls, you're going to change that. but it will all be for naught if you reward him by not electing president obama. if you want cooperation over conflict, if you want people to walk through the same door and sit down at the same table and behave like grown-ups, you have to re-elect...
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cmn political editor paul stein houser joins us from washington. paul, certainly a hectic pace for romney today. >> it certainly is. the president has four stops. so does mitt romney. i guess you could say he is keeping pace. yesterday was no different. he started in the east of new hampshire and ended with a big rally in colorado. they are hitting all these very important crucial battleground states. his message, randi has been one of change. senator obama ran on change four years ago. mitt romney says if you are happy with the way things are, fine, but he is promising change. he is also pointing out the contrast between himself and president obama. take a listen. >> the only thing -- the only thing that stands between us and some of the best years we've ever known is lack of leadership, and that's why we have elections, and you saw the differences between president obama and myself when we were side-by-side in our debates. he says it has to be this way. i say it can't stay this way. he is offering excuse. eve got a plan. >> you were talking about
cmn political editor paul stein houser joins us from washington. paul, certainly a hectic pace for romney today. >> it certainly is. the president has four stops. so does mitt romney. i guess you could say he is keeping pace. yesterday was no different. he started in the east of new hampshire and ended with a big rally in colorado. they are hitting all these very important crucial battleground states. his message, randi has been one of change. senator obama ran on change four years ago....